In 1995 the Philippines Passed the Special Economic Zone Act

question 70

Multiple Choice

In 1995 the Philippines passed the Special Economic Zone Act, which established certain areas where corporations could set up factories, import raw materials without paying duties or tariffs, and in some cases avoid paying taxes for a number of years. What is this an example of?

• A) the race to the bottom
• B) collective resistance
• C) postindustrialism
• D) the death of industrial production
• E) telecommuting

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